Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively

October 4, 2024 Bitcoin.com

Spot ETH and BTC ETFs Hit by Withdrawals, Losing .13M and .2M Respectively

The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

August 12, 2024 Bitcoin.com

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Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Grayscale Ethereum ETF outflows exceed $2B

August 3, 2024 Coin Telegraph

Grayscale Ethereum ETF outflows exceed B

Coin Telegraph

While Grayscale’s spot Ether ETF experienced substantial outflows, other ETFs are showing different trends.

United States-based spot Ether exchange-traded funds (ETFs) saw significant movements on Aug. 2, with outflows from the Grayscale Ethereum Trust (ETHE) hitting $2.1 billion.

According to data from SoSoValue, the total net outflows from spot Ether (ETH) ETFs exceeded $54 million on Aug. 2. A significant portion of the outflows came from ETHE, which saw a single-day net outflow of over $61 million.

ETHE has been a prominent player in the market offering investors exposure to Ethereum without the need to directly purchase and store the cryptocurrency since 2017.

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview

July 26, 2024 Bitcoin.com

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Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91 million ether secured. Ether ETFs Manage $9.25 Billion in Reserves As of […]

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